Ha, its actually, as described in these posts :) Re: Problems with CPAN: installing Tk, Re^12: PDL installation problem, Re^7: PDL installation problem, Re: Module::Build installation while using local::lib, Re: One liner to config cpan to install all dependencies automatically along with temp modules?, Re: Using File::ShareDir in development, Re^8: Why is it in some other popular languages fewer steps and potential issues when installing libraries no testing needed and no compilation of C/C++ code done, Re^5: Changing Module Tree, PERL5LIB usage ?,

Its to install

cpanm -v --local-lib /home/username/myperllibs   CGI
Installing /home/username/myperllibs/lib/perl5/CGI.pm
Installing /home/username/myperllibs/lib/perl5/CGI/Apache.pm
Installing /home/username/myperllibs/lib/perl5/CGI/Carp.pm
Installing /home/username/myperllibs/lib/perl5/CGI/Cookie.pm
Installing /home/username/myperllibs/lib/perl5/CGI/Fast.pm
Installing /home/username/myperllibs/lib/perl5/CGI/Pretty.pm
Installing /home/username/myperllibs/lib/perl5/CGI/Push.pm
Installing /home/username/myperllibs/lib/perl5/CGI/Switch.pm
Installing /home/username/myperllibs/lib/perl5/CGI/Util.pm
Appending installation info to /home/username/myperllibs/lib/perl5/MSW
+in32-x86-multi-thread/perllocal.pod
[download]

Then to make it visible to perl you run

export PERL5LIB=/home/username/myperllibs/lib/perl5:$PERL5LIB
export PATH=/home/username/myperllibs/bin;$PATH
[download]

And see its visible

perl -V
...
  Built under msys
  Compiled at Apr 26 2011 22:23:07
  %ENV:
    PERL5LIB="/home/username/myperllibs/lib/perl5:"
    CYGWIN=""
  @INC:
    /home/username/myperllibs/lib/perl5
    /usr/lib/perl5/5.8/msys
    /usr/lib/perl5/5.8
    /usr/lib/perl5/site_perl/5.8/msys
    /usr/lib/perl5/site_perl/5.8
    /usr/lib/perl5/site_perl/5.8
    /usr/lib/perl5/vendor_perl/5.8/msys
    /usr/lib/perl5/vendor_perl/5.8
    /usr/lib/perl5/vendor_perl/5.8
    .
[download]

To make it permanently visible add the export commands to one of your (whatever you use) /home/username/.profile or ~/.bashrc or ~/.initrc

You guys are the best - Thanks!!!!